Regional Debt Recovery Manager Tractor Loan- Aurangabad and Nasik

Job Description:

Recruit and train the collections team for effective collections & recovery
 Monitor & review the activities of the regional collections team for achievement
of collections targets
 Ensure adherence to collection processes in the region, i.e., system allocation,
tracking, monitoring delayed cash deposition; identifying & reporting fraudulent
practices

Functional Responsibilities

 Implement collection strategies at the regional level for efficient collections and
recovery of outstanding loans

Authorize payouts and roll out collection payout structure policy
 Monitor and ensure adherence to collection process and take preventive action
against erring agencies / agents; discontinue agencies based on performance
 Ensure cost effective collections in the region; test and implement different
collection models such as tele calling, etc.

Act as a SPOC between Legal, Residual & Collections team

Partner with regional sales & credit team to ensure quality sourcing
 Analyze collection patters, identify trouble spots in the ongoing programs, and
coordinate with the Program Head for taking corrective actions

Ensure effective collections from DCC and micro market

Ensure all higher bucket accounts with outstanding amounts are actioned legally
 Minimize loss on sale of repossessed vehicles; monitor the loss line provision
from time to time